Saudi oil cut prompts IMF to downgrade kingdom’s growth projections
Saudi Arabia has seen its International Monetary Fund growth projections downgraded, in a move that reflects the oil-producing giant’s recent…
Saudi Arabia has seen its International Monetary Fund growth projections downgraded, in a move that reflects the oil-producing giant’s recent…
Saudi Arabia has raised more than $12bn (SR45bn) from selling additional shares in state-owned Aramco, after the offering was increased…
Crude oil from Saudi Arabia heading for China is likely to reach 44 million barrels in August following price cuts…
Saudi Arabia has seemingly kept hold of some of its oil in June, with sea-based exports dropping substantially. The world’s…
State-owned oil company Saudi Aramco will cut $25bn-$30bn from its capital expenditure in response to the coronavirus pandemic. However, analysts…
Oilfield services firm Schlumberger has announced a new manufacturing centre in the King Salman Energy Park (SPARK) in Saudi Arabia.…
Saudi Aramco has completed the largest initial public offering (IPO) in history by raising $25.6bn for a 1.5% stake in…
Saudi Arabia’s oil and gas production was halved following drone attacks on two major energy facilities owned by oil and…
Saudi Arabia’s announced expansion of its East-West Pipeline will give the country more flexibility in exporting oil but does little…
UK-based chemicals multinational INEOS has partnered with French oil and gas company Total and state owned Saudi Aramco to build three…